Ron
The reality of losing more than $600,000 of his retirement savings took time to sink in. Nearly two years on, Ron says the impact remains immeasurable.
Hear about our claimant stories and experience with the Compensation Scheme of Last Resort (CSLR).
The reality of losing more than $600,000 of his retirement savings took time to sink in. Nearly two years on, Ron says the impact remains immeasurable.
In 2022, Adrian responded to a social media advertisement offering a free online superannuation health check. Unfortunately he received bad advice and went on to lose almost all of his retirement savings.
Daniel faced a long and distressing process when his trusted financial adviser went against his best interests, leading to significant loss.
Emily and her partner engaged a financial adviser to assist them with growing their savings while juggling considerable mortgage stress. Unfortunately, the adviser provided deceptive advice to not only them, but multiple other clients.
Despite strong recommendations from those close to him, and having done his own due diligence, Gary found himself a victim of deceptive conduct by the person he'd trusted to manage his investment.
Having worked with several advisers over the years, including one whose poor advice led to significant financial losses, Richard was acutely aware of the importance of choosing carefully. Based on the firm’s strong reputation, Richard selected a large, well‑known financial services provider, believing this would ensure stability and steady growth for his retirement nest egg.